FundingShield is a financial services company that offers loss mitigation tools to the residential mortgage industry. Its offerings include wire and title fraud protection through active transaction monitoring, document inspection and license verification services. It also assesses if sufficient insurance is in place for the transactions it monitors.
Originally founded in 2010, FundingShield is based in Newport Beach, California.
Latest FundingShield News
FundingShield’s Ike Suri on the limits of AI in fighting fraud
Apr 18, 2024Fundingshield CEO Ike Suri talks about rising fraud risks, what keeps him up at night, and the limits of AI.
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FundingShield to provide title fraud solutions to CoreLogic amid spike in cyberattacks
Feb 22, 2024 -
FundingShield partners with Tata Consultancy Services on wire fraud prevention
Sep 06, 2023 -
Title fraud rises more than 30% in Q3
Nov 24, 2020 -
FundingShield plans to fill 100 positions in coming months
Nov 04, 2020 -
2020 HW Vanguard: Ike Suri
Oct 01, 2020 -
People Movers: FundingShield, North American Title Company, Valligent Technologies, Garris Horn and Azimuth GRC
Aug 07, 2020 -
FundingShield reports a sharp increase in title fraud risk in second quarter
Aug 05, 2020 -
FBI cites 50% surge in usage of mobile banking apps in 2020, warns of fraud risk
Jun 15, 2020 -
2020 HW Tech100 Real Estate winner: FundingShield
Mar 02, 2020
FundingShield Content
Half of Q4 2022 transactions had wire and title fraud risks
Jan 23, 2023 3:13 pmAccording to a Q4 analysis by MISMO-certified wire fraud prevention fintech FundingShield, 50.5% of transactions had issues leading to wire and title fraud risk. Additionally, 5.25% of transactions were not registered or valid in title insurer systems at the time of closing.
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Fraud risk continues to rise even as the market contracts
Jul 27, 2022 11:51 am -
Biden administration recommends proactive cybersecurity measures
May 02, 2022 2:56 pm -
Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats
Jan 26, 2022 12:34 pm -
Biden administration prioritizes cybersecurity as fraud risks grow
Jul 26, 2021 4:50 pm